This information paper follows from a series of anti-money laundering and countering the financing of terrorism (AML/CFT) thematic inspections and engagements conducted by MAS of selected external asset managers. It sets out MAS’ supervisory expectations for effective AML/CFT frameworks and controls and includes good practices and illustrative examples observed.
Published Date: 09 November 2021
A Retail Central Bank Digital Currency (CBDC): Economic Considerations in the Singapore Context
A retail CBDC is one of the options for the future of money and payments that the central bank community is exploring. This paper sets out MAS’ initial assessment of the economic case for a retail CBDC in Singapore and its potential implications for financial stability and monetary policy.